OpenEden and Brevis Revolutionize Reward Programs for Enhanced Engagement
OpenEden Partners with Brevis to Revolutionize Blockchain Reward Programs
Enhancing Transparency in Crypto Rewards
OpenEden, a key player in the blockchain and cryptocurrency sector, is launching a reward initiative aimed at encouraging specific user actions within its ecosystem. This program will encompass various incentives, including airdrops like the ongoing distribution of 100 million ES tokens by the Eclipse Foundation, staking rewards, liquidity mining, referral bonuses, and governance incentives. Despite their potential, many of these reward systems remain unclear and difficult to navigate.
To address this lack of transparency, OpenEden has formed a partnership with Brevis, a prominent provider of zero-knowledge (ZK) infrastructure. By the third quarter of this year, the Real-World Asset (RWA) firm plans to utilize ZK technology to introduce a fully verifiable, on-chain rewards system for its users.
What the Collaboration Aims to Achieve
Brevis specializes in ZK infrastructure and has developed the zkCoprocessor, a trustless engine designed for the verification of off-chain data. Recently, the company secured $7.5 million in a seed funding round led by Polychain Capital and Binance Labs, positioning itself as a crucial middleware solution for protocols requiring off-chain computations with on-chain security.
The zkCoprocessor enables smart contracts to access, compute, and verify external blockchain data using zero-knowledge proofs. This technology is already being utilized by various platforms, including Usual and LayerZero partners, as well as next-generation DeFi applications.
Through this partnership, OpenEden will implement a ZK-Powered Rewards Engine that incorporates Brevis’s zkCoprocessor technology. This new rewards program will distribute OpenEden’s native $EDEN tokens to users based on their activities recorded on-chain.
The zkCoprocessor will capture user behavior snapshots—such as liquidity provision, governance voting, and token locking—over time and process this information off-chain. It will then generate verifiable cryptographic proofs that will be submitted on-chain, ensuring that the reward distribution aligns with the verified data. This approach guarantees that rewards are calculated fairly and accurately while maintaining user privacy and decentralization.
The Future of ZK-Based Reward Distribution
OpenEden’s initiative comes at a time when traditional on-chain reward mechanisms face significant challenges. Calculating complex eligibility criteria and reward shares entirely on-chain can lead to exorbitant gas fees and slow transaction confirmations, making extensive reward programs economically unfeasible.
Many existing reward systems still depend on off-chain scripts, spreadsheets, or centralized processes to track user activity and allocate rewards. This reliance introduces vulnerabilities, potential inaccuracies, and a lack of clarity regarding the reward calculation process, which can erode user trust.
Moreover, on-chain contracts struggle to demonstrate non-existence (e.g., proving that a user did not engage with a protocol) and cannot efficiently manage large-scale data without incurring high costs. Zero-knowledge proofs offer a solution, allowing projects like OpenEden to verify user actions and inactions off-chain without exposing sensitive transaction details, while succinct proofs are published on-chain.
By integrating Brevis’s zkCoprocessor SDK and CPI framework, OpenEden is shifting heavy computational tasks to a cost-effective, verifiable off-chain environment, generating ZK proofs in the process.
However, ZK-powered reward programs are still in their infancy, with only a few pioneers having ventured into this space. OpenEden’s initiative could pave the way for other Web3 projects to adopt similar models, potentially transforming the landscape of blockchain rewards.
Conclusion
As the cryptocurrency industry continues to evolve, the integration of zero-knowledge technology into reward distribution systems may represent a significant advancement. OpenEden’s collaboration with Brevis not only aims to enhance transparency and efficiency but also sets a precedent for future developments in the blockchain ecosystem.
Disclaimer: The views expressed in this article are those of the author and may not reflect the current market conditions. Always conduct thorough research before making any investment in cryptocurrencies. The author and the publication are not liable for any financial losses incurred.
